General Insurance Article - LV partner with University of Bristol on Data Science


LV= General Insurance (LVGI), one of the UK’s largest personal insurers, and the University of Bristol have today announced a new partnership with the aim of working together to make advancements in the field of data science by sharing knowledge, skills and opportunities.

 As part of the partnership, LV= GI will establish a team of Data Scientists and Data Engineers, who will be based at the university campus within the School of Engineering and Computing. Working together, teams from LV= and the University of Bristol will carry out research and development projects to better understand the possibilities presented by machine learning and AI. Collaborating with researchers from the Faculty of Social Sciences and Law, the team will also work to better understand the societal challenges and opportunities of digital technologies. Staff from the insurer will help supervise student projects, supporting young data scientists, as well as carrying out lectures to students and staff. Internships will also be available at the company, and work with University staff to explore development of a co-designed MSc programme.

 As one of the UK’s top 10 Universities and a top five UK university for research, the University of Bristol boasts strong data science credentials. It works closely with the Jean Golding Institute for Data Science and Data Intensive Research and is a key member of the Alan Turing Institute for Data Science and AI, as well as having other industry and societal partners. The University was recently awarded ten EPSRC funded Centres for Doctoral Training - several of which incorporate data science research and training.

 Bristol and Bath are also home to the largest number of digital and data workers outside of London.

 Commenting on the partnership, Steve Treloar, LV= GI CEO, said: “We’re incredibly proud to help play a part in developing the data scientists of tomorrow. The University of Bristol is one of the best in the country with exceptionally strong expertise in the fields of data science and digital, so we’re excited to see what we can learn from one another and the synergies we can make. As an industry, it’s absolutely crucial that we recognise the dramatic leaps that technology has made in the past few years, and look at how we can harness that for the ultimate benefit of our customers. We are confident that this tie-up with the University of Bristol will be hugely beneficial for both parties and we’re excited to see what comes from it.”

 Professor Guy Orpen, Deputy Vice-Chancellor for New Campus Development added: “We are delighted to develop this exciting multi-disciplinary relationship with LV=GI. The innovative nature of the relationship, spanning multiple faculties, research and teaching will provide an invaluable forum for tackling some of the greatest societal and economic problems of our time. Our students and staff will have a fantastic opportunity to work with and learn from an innovative sector leader. The partnership will be a key component in fulfilling our vision as we develop a world-class venue for research, partnership and innovation at our new Temple Quarter Enterprise Campus.” 

Back to Index


Similar News to this Story

Hurricanes and earthquakes could lead to USD300bn losses
Following the long-term annual growth trend of 5–7%, global insured natural catastrophe losses may reach USD 145 billion in 2025, mainly driven by sec
FCA set to launch live AI testing service
The FCA is seeking views from firms about how its live AI testing service can help them to deploy safe and responsible AI, which will benefit UK consu
Over one third of London market firms now actively using AI
The Lloyd’s Market Association (LMA) has hosted a seminar on the use of AI within the London specialty market. The seminar referenced results from a r

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.